Nabil Mourad Purchases Industrial Asset In Chatsworth For $1,445,000 With Broker Team Spectrum Commercial Real Estate
SOLD
$1,445,000
+ 1
California
See Similar DealsIndustrial3,520 SF
Sold 05/04/2026
SOLD
Nabil Mourad Purchases Industrial Asset In Chatsworth For $1,445,000 With Broker Team Spectrum Commercial Real Estate
20908 Itasca Street
See Similar DealsIndustrial3,520 SF
Sold 05/04/2026
+ 1
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$410
Total Square Footage:3,520 SF
Transaction Type:Sale
The asset involved in this closed transaction is an industrial property located at 20908 Itasca Street in the Chatsworth market. The property was sold for a total price of $1,445,000 and has a square footage of 3,520, translating to a price per square foot of $410.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,445,000
- Address: 20908 Itasca Street
- Market: Chatsworth
- Square Footage: 3,520
- Price Per Square Foot: $410
- Buyer: Nabil Mourad
- Seller: Dennys Fidel Ayala
- Buyer's Representative: Corey Breit, Ron Kassan & Arthur Minassian - Spectrum Commercial Real Estate
- Seller's Representative: Joshua Cohan - Marcus & Millichap
The transaction was facilitated by a collaborative effort among the buyer's representatives from Spectrum Commercial Real Estate and the seller's representative from Marcus & Millichap, reflecting the engagement of multiple professionals in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,133.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,850.04
Annual Debt Service$82,200.45
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